Bibblio closes $1.5 million seed led by 01 Ventures

Bibblio, a company which provides an ad-free content recommendation platform, has raised $1.5 million from 01 Ventures.

Bibblio seeks to facilitate engagement between publishers and users to deliver quality content. The company says they are interested in seeing where machine learning and user discovery will go with new technology.

The funding from this seed round will help Bibblio further develop and implement its content recommendation toolkit and improve user satisfaction.

"This marks a break with first generation ‘content recommendation’ companies like Taboola and Outbrain, which focussed on pushing adverts and clickbait ‘sponsored content’ rather than giving users what they really wanted," said Bibblio founder and CEO Mads Holmen in a statement quoted by Tech City News.

Read more: Tech City News